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Ceapro Inc V.CZO

Ceapro Inc. is a Canada-based biotechnology company. The Company is involved in the development of extraction technology and the application of this technology to the production of extracts and active ingredients from oats and other renewable plant resources. Its primary business activities relate to the development and commercialization of natural products for personal care, cosmetic, human, and animal health industries using technology, natural, renewable resources, and developing products, technologies, and delivery systems. The Company's products include a commercial line of natural active ingredients, including beta glucan, avenanthramides (colloidal oat extract), oat powder, oat oil, oat peptides, and lupin peptides, a commercial line of natural anti-aging skincare products, utilizing active ingredients, including beta glucan and avenanthramides and veterinary therapeutic products, including an oat shampoo, an ear cleanser, and a dermal complex/conditioner.


TSXV:CZO - Post by User

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Post by Ciaoon Dec 19, 2023 4:01pm
81 Views
Post# 35792453

Interests not aligned with shareholders

Interests not aligned with shareholdersWhen you can collect $980K USD while sitting on the board of AEZS, and another $500K as CEO for CEAPRO, you can do as little as you want for CEAPRO while sitting remotely in your home in Sherbrooke. Creating shareholder value takes a bit of effort. When you know your end game is to fold CEAPRO into AEZS, you are even less incentivized to put in an effort till CEAPRO is trading at depressed levels, then offer up a merger with an arms length deal to a company that has destroyed shareholder value for decades.
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